Grubb ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grubb ApS
Grubb ApS (CVR number: 42259918) is a company from FREDENSBORG. The company recorded a gross profit of 280.1 kDKK in 2023. The operating profit was -3.7 kDKK, while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Grubb ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 479.39 | 233.73 | 280.05 |
| EBIT | 1.82 | 9.35 | -3.67 |
| Net earnings | 0.69 | 6.46 | -2.93 |
| Shareholders equity total | 40.69 | 41.74 | 38.81 |
| Balance sheet total (assets) | 46.32 | 88.19 | 126.92 |
| Net debt | -33.67 | -59.94 | -70.45 |
| Profitability | |||
| EBIT-% | |||
| ROA | 3.9 % | 13.9 % | -3.4 % |
| ROE | 1.7 % | 15.7 % | -7.3 % |
| ROI | 4.5 % | 16.9 % | -4.5 % |
| Economic value added (EVA) | 1.82 | 6.18 | -1.34 |
| Solvency | |||
| Equity ratio | 87.8 % | 47.3 % | 30.6 % |
| Gearing | 67.5 % | 143.2 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 8.2 | 1.9 | 1.4 |
| Current ratio | 8.2 | 1.9 | 1.4 |
| Cash and cash equivalents | 33.67 | 88.13 | 126.03 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BBB | BBB |
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